Minister without Portfolio (with responsibility for Housing), Hon. Dr. Morais Guy, said this year, the Ministry will be pursuing avenues to separate the land titling process from infrastructure.
The Minister said this action would free up the value of various properties and grow the nation’s Gross Domestic Product (GDP).
Dr. Guy was making his contribution to the 2012/13 Sectoral Debate in the House of Representatives, on July 10.
The Minister proposed that a caveat be put on the certificates of title generated from the process, signifying that the owner has responsibility for the incremental development of infrastructure.
He said that for the proposal to be effective, “it must be confined to schemes that existed before and must be supported by sunset clauses”.
Dr. Guy added that (housing) solutions made possible from this process could not be sold until the infrastructure component is in place, and this would provide the flexibility to enable upgrading when the resources of the dwellers increase.